A stablecoin is being integrated into payment network infrastructure, with Paxos issuing tokens under a federal trust charter.

The entities involved

• Polygon →

  UK record label

  • Animoca Brands is contributing to the ecosystem with commitments, launching natively across multiple blockchains, and executive comments on product goals.Mon 15:05
  • Crunchyroll is streaming a popular series featuring Jinshi, while Yagi discusses the series' scope on Polygon.Fri 14:47
• PayPal →

  American worldwide online payments system

  • Musk serves as CEO of SpaceX, and investors are comparing SpaceX's potential gains to Tesla's past performance.Mon 07:39
  • Bryan Johnson sold his mobile-payment business, Braintree, to financial-technology firm PayPal.Mon 03:49
• Office of the Comptroller of the Currency →

  American federal government organization

  • The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Federal Reserve System are refocusing their joint supervision on material financial risk.Mon 08:32
  • The Federal Reserve is joining forces with the National Credit Union Administration and the Office of the Comptroller of the Currency to push stablecoin identification standards.Fri 02:46

Related events

• BLOCK applied to the OCC for a national trust bank charter to allow custody of Bitcoin and stablecoins.Sep 9
• The Office of the Comptroller of the Currency is proposing rules to govern stablecoin issuers under the GENIUS Act.Sep 9
• The Office of the Comptroller of the Currency is actively involved in the regulatory landscape of crypto firms, challenging and granting national trust bank charters for crypto activities.Jun 7
• The OCC and FDIC are testing reusable identity verification across US banks in coordination with the Treasury Department.Aug 11